Renaissance Technologies LLC Buys 125,800 Shares of Dream Finders Homes, Inc. (NASDAQ:DFH)

Renaissance Technologies LLC grew its position in Dream Finders Homes, Inc. (NASDAQ:DFH) by 57.9% in the second quarter, according to its most recent filing with the SEC. The fund owned 343,110 shares of the company’s stock after acquiring an additional 125,800 shares during the period. Renaissance Technologies LLC owned 0.37% of Dream Finders Homes worth $8,859,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the company. Norden Group LLC grew its holdings in shares of Dream Finders Homes by 2,580.6% during the first quarter. Norden Group LLC now owns 321,453 shares of the company’s stock worth $14,057,000 after purchasing an additional 309,461 shares during the last quarter. Cooke & Bieler LP grew its holdings in Dream Finders Homes by 17.5% during the 2nd quarter. Cooke & Bieler LP now owns 1,866,067 shares of the company’s stock worth $48,182,000 after acquiring an additional 277,499 shares during the last quarter. Hennessy Advisors Inc. bought a new stake in Dream Finders Homes during the 2nd quarter worth approximately $5,058,000. Axiom Investors LLC DE acquired a new position in Dream Finders Homes in the 4th quarter valued at approximately $6,718,000. Finally, Dimensional Fund Advisors LP raised its stake in shares of Dream Finders Homes by 55.4% during the second quarter. Dimensional Fund Advisors LP now owns 420,592 shares of the company’s stock valued at $10,859,000 after acquiring an additional 150,026 shares during the last quarter. 95.55% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Separately, Bank of America lifted their target price on Dream Finders Homes from $35.00 to $38.00 and gave the stock a “neutral” rating in a report on Thursday, September 19th.

Dream Finders Homes Trading Down 2.6 %

Shares of DFH stock opened at $35.70 on Wednesday. Dream Finders Homes, Inc. has a 12 month low of $18.29 and a 12 month high of $44.38. The firm has a market capitalization of $3.33 billion, a PE ratio of 12.10, a price-to-earnings-growth ratio of 0.68 and a beta of 1.89. The firm has a fifty day simple moving average of $31.31 and a two-hundred day simple moving average of $31.89.

Dream Finders Homes (NASDAQ:DFH) last released its quarterly earnings results on Thursday, August 1st. The company reported $0.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.77 by $0.04. The business had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $1.08 billion. Dream Finders Homes had a return on equity of 32.99% and a net margin of 8.00%. The company’s quarterly revenue was up 11.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.65 EPS. On average, equities analysts predict that Dream Finders Homes, Inc. will post 3.22 earnings per share for the current fiscal year.

Insider Transactions at Dream Finders Homes

In other Dream Finders Homes news, Director William Radford Lovett II sold 32,724 shares of Dream Finders Homes stock in a transaction dated Thursday, September 19th. The shares were sold at an average price of $37.72, for a total value of $1,234,349.28. Following the sale, the director now owns 4,733,674 shares of the company’s stock, valued at $178,554,183.28. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other Dream Finders Homes news, Director William Radford Lovett II sold 32,724 shares of the business’s stock in a transaction on Thursday, September 19th. The stock was sold at an average price of $37.72, for a total value of $1,234,349.28. Following the sale, the director now directly owns 4,733,674 shares in the company, valued at $178,554,183.28. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Patrick O. Zalupski sold 26,879 shares of the company’s stock in a transaction on Tuesday, September 10th. The shares were sold at an average price of $30.86, for a total value of $829,485.94. Following the transaction, the chief executive officer now directly owns 991,171 shares in the company, valued at approximately $30,587,537.06. The disclosure for this sale can be found here. Insiders have sold 292,734 shares of company stock worth $9,511,744 in the last ninety days. Company insiders own 70.45% of the company’s stock.

About Dream Finders Homes

Dream Finders Homes, Inc operates as a holding company for Dream Finders Homes LLC that engages in homebuilding business in the United States. The company operates through four segments: Southeast, Mid-Atlantic, Midwest, and Financial Services. It designs, constructs, and sells single-family entry-level, and first-time and second time move-up homes, as well as active adult homes and custom homes in Florida, Texas, Tennessee, North Carolina, South Carolina, Georgia, Colorado, and the Washington, DC metropolitan area.